All PropertyEU Archive articles 鈥� Page 1818
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PropertyEU Archive
Aberdeen sells in Cologne to Rreef
Aberdeen Immobilien KAG has sold the Kap am S眉dkai office building in Cologne to the German investment manager Rreef. The asset was held by Aberdeen's Degi Global Business open-ended fund. Although the acquisition price was not disclosed, the property is believed to be valued at around EUR 50 mln.
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PropertyEU Archive
Delancey buys Blade portfolio backed by RBS loan
UK investment advisor Delancey has acquired the Blade portfolio backed by a 拢900 mln Royal Bank of Scotland loan from Glenn Maud's Propinvest Group. The portfolio comprises 12 assets spread across the leisure, retail, office and warehouse sectors.
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PropertyEU Archive
Vastned O/I and NSI to continue merger talks
Vastned Offices/Industrial (VNOI) has said it is to follow-up on merger discussions with fellow Amsterdam-listed international property investor Nieuwe Steen Investments in January.
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PropertyEU Archive
Valad secures new 10-year lease in the Netherlands
Valad, the European multi-let real estate investment manager, has secured a new letting at Vijzelweg 27, Waalwijk, on 2,533 m[sup]2[/sup] of predominantly industrial space. The 10-year lease with an annual rental value of EUR 110,000 was signed by Trisco, the wholesale marketing material manufacturer.
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PropertyEU Archive
Atrium buys Promenada mall in Warsaw for EUR 170m
Central and Eastern European retail specialist Atrium European Real Estate has signed a preliminary agreement to buy the Promenada shopping centre in Warsaw, Poland from Aim-listed investor Carpathian. The transaction volume amounts to EUR 169.5 mln, plus EUR 1.5 mln to be paid to Carpathian upon the successful recovery of ...
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PropertyEU Archive
Kungsleden to buy NR Nordic & Russia assets for EUR 400m
Listed Swedish property company Kungsleden has signed a letter of intent to acquire the majority of the properties held by Amsterdam-listed NR Nordic & Russia Properties for a total of SEK 3.6 bn (EUR 400 mln).
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PropertyEU Archive
Union Investment acquires office in Helsinki
German real estate investor Union Investment Real Estate has acquired the Pilke office property, part of the Plaza Business Park scheme in Helsinki's office market Vantaa Aviapolis, from NCC Property Development. The investment volume was SEK 170 mln (almost EUR 19 mln).
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PropertyEU Archive
Tishman Speyer bags Cap de Seine scheme near Paris
Tishman Speyer has acquired the Cap de Seine office scheme near Paris from Standard Life for an undisclosed amount. The acquisition is earmarked for the group's OPCI Tishman Speyer French Venture fund.
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PropertyEU Archive
JP Morgan fund teams up with GIC to buy Frankfurt's OpernTurm
The fund management unit of JP Morgan has joined forces with a sovereign wealth fund from Singapore to acquire the OpernTurm office tower in Frankfurt's central business district. Although the financial details were not disclosed, the transaction is said to be in the region of EUR 550 mln.
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PropertyEU Archive
JP Morgan buys former Lehman HQ to house its European operations
JPMorgan Chase & Co. said on Monday it has bought the former offices of Lehman Brothers in London's Canary Wharf district to use as the European headquarters of its investment bank in 2012. The scheme was sold by the Canary Wharf Group for 拢495 mln (EUR 585 mln).
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PropertyEU Archive
AXA RE completes 285,000 m[sup]2[/sup] of lettings in France
AXA Real Estate has signed 112 leases representing 285,000 m[sup]2[/sup] of space across its French portfolio this year. Of this total, 64, representing 199,000 m[sup]2[/sup] , were new leases, while the remaining 48, accounting for 86,000 m[sup]2[/sup] of space, were renewals.
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PropertyEU Archive
Atenor enters Romania with 78,000 m[sup]2[/sup] office project
Belgian property developer Atenor has announced plans to enter the Romanian market with the launch of a 78,000-m[sup]2[/sup] office project in Bucharest. The move is part of a new strategy by the company to 'concentrate on the most flourishing markets for the rental of offices', including the Central European markets.
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PropertyEU Archive
New Finnish fund acquires EUR 100m portfiolio from pension scheme
A new fund launched by Amplion Asset Management has acquired a EUR 100 mln real estate portfolio from Varma Mutual Pension Insurance Company of Finland.
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PropertyEU Archive
Simon given until 12 January for CSC bid
Simon Property Group (SPG) has been given until 12 January 2011 to table a firm offer for UK-listed regional shopping centre group Capital Shopping Centres (CSC).
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PropertyEU Archive
Mfi to build EUR 150m M枚nchengladbach shopping centre
German shopping centre specialist Mfi has received the green light from the planning and building committee of M枚nchengladbach to develop a new 23,000 m[sup]2[/sup] shopping centre in the Germany city. The committee has recommended the sale of the 2.6-hectare development site to Mfi for the construction of its M枚nchengladbach Arcades ...
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PropertyEU Archive
PEPR leases 89,600 m[sup]2[/sup] in Northern Europe
Euronext-listed Prologis European Properties has announced lease transactions totalling 89,600 m[sup]2[/sup] in the Netherlands and Germany. Over 70% of this activity relates to new leases.
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PropertyEU Archive
Rockspring re-enters Polish market with EUR 47m acquisition
Rockspring Property Investment Managers has acquired Ferio Shopping Centre in Konin, Poland from Raiffeisen Evolution for EUR 47 mln on behalf of its TransEuropean Property Limited Partnership IV.
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PropertyEU Archive
C&W Investors sells two assets in France for Swedish pension fund
Cushman & Wakefield Investors (CWI), acting on behalf of a Swedish pension fund, has completed the sale of two mixed office and light industrial assets near the Fench city of Lyon.
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PropertyEU Archive
Multi and Atrium conclude pan-European deal
Multi Corporation has signed a pan-European package agreement with Atrium European Real Estate that involves the trading of five assets and non-active land positions between the pair.
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PropertyEU Archive
CD Capital, Benevo receive go-ahead for Bucharest scheme
Canadian privately held investor CD Capital Partners and local developer Benevo Capital Corporation have received the construction permit for their joint Victoria City Center development project in the north-western part of Bucharest.
